Property profile

6005 El Camino Real Atascadero, CA 93422

OFF-MARKET
Restaurants
5,000 SF
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Property summary

AI-generated overview

This exceptional 5,000-square-foot restaurant space in Atascadero, California, presents a unique investment opportunity. Located within a new 4-star Marriott hotel, this single-tenant property boasts a prime location at 6005 El Camino Real, 93422, offering immediate access to a built-in clientele of hotel guests. The layout is designed for versatility, accommodating both large gatherings and intimate settings. The professional-grade kitchen is equipped to handle diverse menu offerings, from fine dining to casual bistro fare. The spacious dining area features high ceilings, abundant natural light from large windows, and elegant finishes, creating an inviting atmosphere. The property benefits from the hotel's extensive marketing reach, further enhancing its visibility and attracting a steady stream of customers. Additional income streams are available through in-house guest dining and catering for hotel events such as weddings, parties, and conferences. This turnkey operation includes a complete kitchen buildout. Future expansion plans include adding outdoor patio seating, further increasing the property's appeal and capacity. The tenant will not be responsible for room service. This is an exceptional opportunity to establish a thriving restaurant business within a high-demand location. The property is situated in San Luis Obispo County.

Property profile

Verified
Property type Restaurants
Total area 5,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Bakery Specialty Food Shop
  • Bakery Specialty Food Shop
  • Hotel & Motel
  • Bakery Specialty Food Shop

Location

6005 El Camino Real Atascadero, CA 93422
Atascadero metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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